Bendigo and Adelaide Bank - which is buying Rural Finance Corp of Victoria from the state government - point out that fewer than 10 per cent of loans of Rural Finance Corp are provided on a concessional basis. Bendigo said that "it's inaccurate to suggest that of those loans provided on a concessional basis they are to struggling businesses." "The majority of concessional loans support a state government initiative to build the long term prospects for Victorian agriculture, the Young Farmers Finance Scheme; an initiative which Bendigo is committed to continuing."